The Logical Leftist
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Harley-Davidson Blasts Trump's Tariffs As It Moves Overseas
Posted
June 26, 2018
Views
2,840
Likes
156
Comments
46
Engagement
June 26, 2018
2,840
156
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"Harley-Davidson will move the production of motorcycles bound for European countries out of the United States, citing rising costs from European Union tariffs on its products.
The company said in a filing Monday that the EU tariffs on motorcycles exported from the U.S. rose from 6 percent to 31 percent, The Associated Press reported. Motorcycles bound for European countries will now be produced in overseas factories.
Harley-Davidson Inc. said that it will not raise its prices due to “an immediate and lasting detrimental impact to its business in the region," according to the AP."
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